Impact on bonuses of increased salaries

So it appears that almost every bulge bracket has increased its incoming analysts' salaries to the $80-85k range (from first hand experience with peers going to many different banks). How is/will this be impacting bonuses? Any specifics would be great, thanks!

Especially appreciate anything regarding corporate banking.

13 Comments
 

Total comp will rise slightly but not anywhere near the full 20% salary bump. First-years will have a smaller bonus pool relative to previous years.

Source: http://www.wallstreetoasis.com/forums/2015-analyst-salary-bump-megathre…

I have a buddy in corp banking that didn't get the raise, but that's just 1 firm.

>Incoming Ash Ketchum, Pokemon Master >Literally a problem, solve for both X and Y, please and thank you. >Hugh Myron: "Are there any guides on here for getting a top girlfriend? Think banker/lawyer/doctor. I really don't want to go mid-tier"
 
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Red3

Total comp will rise slightly but not anywhere near the full 20% salary bump. First-years will have a smaller bonus pool relative to previous years.

Source: //www.wallstreetoasis.com/forums/2015-analyst...

I have a buddy in corp banking that didn't get the raise, but that's just 1 firm.

You are a college student (at least that is what your profile says), you quote a WSO thread, and are citing a friend of yours who working in a completely different industry. Hmmm.....

 

Haha the modern day Sherlock Holmes is gracing WSO with his astute observational skills. Keep up the good work.

>Incoming Ash Ketchum, Pokemon Master >Literally a problem, solve for both X and Y, please and thank you. >Hugh Myron: "Are there any guides on here for getting a top girlfriend? Think banker/lawyer/doctor. I really don't want to go mid-tier"
 
mk1275

The only answer is that nobody has any clue until next summer when bonus numbers come out, and moreover, nobody knows what their bonus would have been in a world where salaries hadn't been raised, so you won't be able to say for sure then either.

Any idea what bonuses in CB have looked like so far? It'd helpful when new numbers come out to have a context for what they were historically.
 
banana_boss mk1275:

The only answer is that nobody has any clue until next summer when bonus numbers come out, and moreover, nobody knows what their bonus would have been in a world where salaries hadn't been raised, so you won't be able to say for sure then either.

Any idea what bonuses in CB have looked like so far? It'd helpful when new numbers come out to have a context for what they were historically.

Sorry, I missed your point about focusing on CB, was thinking IB. I don't have any experience or reference points for CB bonuses.

 

Associate bonuses were cut slightly due to base increase. Not a full offset though. All in comp increased on average 10%. Pure conjecture but I would expect analyst pay to be similar.

"They are all former investment bankers that were laid off in the economic collapse that Nancy Pelosi caused. They have no marketable skills, but by God they work hard."
 

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